Lawrence R. Klein
Lawrence R. Klein received the 1980 prize in Economic Sciences. This profile brings together the official award record and attributed background on the economist’s work and career.
Personal and professional profile
- Name
- Lawrence R. Klein [1]
- Full name
- Lawrence R. Klein [2]
- Birth date
- 1920-09-14 [2]
- Birthplace
- Omaha, NE, USA [2]
- Education
- University of California, Berkeley; University of Pennsylvania; Massachusetts Institute of Technology; Los Angeles City College; Omaha Central High School [3]
- Fields / occupation
- economist; university teacher [3]
- Prize
- Economic Sciences · 1980 [2]
- Research recognized
- for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies [2]
- Prize share
- 1 [2]
- Affiliation at the award
- University of Pennsylvania [2]
- Death date
- 2013-10-20 [2]
- Institutions in career record
- University of Oxford; University of Pennsylvania; University of Michigan [3]
Research, education and career background
Lawrence Robert Klein (September 14, 1920 – October 20, 2013) was an American economist. For his work in creating computer models to forecast economic trends in the field of econometrics in the Department of Economics at the University of Pennsylvania, he was awarded the Nobel Memorial Prize in Economic Sciences in 1980 specifically "for the creation of econometric models and their application to the analysis of economic fluctuations and economic policies." Due to his efforts, such models have become widespread among economists. Harvard University professor Martin Feldstein told the Wall Street Journal that Klein "was the first to create the statistical models that embodied Keynesian economics," tools still used by the Federal Reserve Bank and other central banks. [4]
Selected introductory text by Wikipedia contributors — Lawrence Klein, under CC BY-SA 4.0. Official facts are cited separately.
Award and academic affiliation
The official Nobel record dates the Economic Sciences award to 1980 and lists University of Pennsylvania as the affiliation at the time. [2]
An affiliation attached to an award describes that point in the person’s career; it does not establish a current appointment. [2]
Education and career timeline
Source-supported connections
Frequently asked questions
When did Lawrence R. Klein receive the prize in Economic Sciences?
The official award record gives the year as 1980. [2]
Which institution was Lawrence R. Klein affiliated with at the time of the Economic Sciences award?
University of Pennsylvania. This is the award-time affiliation. [2]
Lawrence R. Klein connection map
Select a node to inspect the relationship and source.
Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.
Sources and review dates
- Nobel Prize — official biography and award record ↗
- Nobel Prize — official biography and award record ↗
- Wikidata background facts (CC0) ↗
- Wikipedia contributors — Lawrence Klein (CC BY-SA 4.0) ↗
Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.